General Business Tax Credits Add Up

Internal Revenue Service (IRS) Form 3800 is a summary form for a multitude of general business credits. Does your business qualify for any of the tax credits?

Form 3800 summarizes approximately 30 business credits computed on various IRS forms. If you started a new pension, hired & retained new employees, provided business accessibility to the disabled, invested in various energy projects, provided health insurance to your employees, or used biodiesel fuels, you may be eligible for business tax credits. These activities along with many others can significantly decrease your tax liability.

Has your current tax professional even considered any of these? We at Flexible Accounting Services of the Triangle have the knowledge and the analytical ability to recognize the tax credits you are eligible to receive. Don’t miss any opportunity to reduce your tax bill, contact us today.